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Benzinga
Benzinga
Business
Mohd Haider

Insider Trading Concerns Swirl Around Rep. Mike Kelly After Wife's 'Uncharacteristic' Stock Buy

Mike Kelly the House Ethics Committee Ethics
Stock Market Up

The stock trade made by the wife of Rep. Mike Kelly (R-Pa.) has sparked concerns about insider information. The House Ethics Committee, however, did not find enough evidence to prove that Kelly violated insider-trading laws.

What Happened: The House Ethics Committee released a report on Friday, which expressed “serious concerns” about stock purchases made by Kelly’s wife in 2020, reported The Wall Street Journal.

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